Nobody downloaded yet

Business Development in Canada - Essay Example

Comments (0) Cite this document
Summary
This report talks that canada has been considered as a powerhouse for natural resources and they have contributed extensively to the development and growth of businesses and economy of Canada. Natural resource sectors and related industries have been the driving force of economic growth and progression of businesses in Canada…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.3% of users find it useful
Business Development in Canada
Read TextPreview

Extract of sample "Business Development in Canada"

Download file to see previous pages Canadian resources have been the cornerstone of business development and it is anticipated that it will remain the central avenue for the achievement of business prosperity for current and future generations. Resources and Growth of Businesses in Canada It is evident that throughout history, Canada has been endowed with various natural resources such as land, forests, minerals, fossils fuels, and fisheries. Exploitation of the above resources have been fundamental in the successful development of businesses through the provision of strategic raw materials, mineral and energy that are necessary in trade establishment and growth. The relationship between natural resource exploitation in Canada and business development shows a positive correlation where business and economic development depend on the endowment of an economy with natural resources (Taylor & Owram, 1994). Global and regional trade prior to the pre-war period relied majorly on the availability of raw materials, energy, and mineral commodities. Since Canada was capable of providing the above trade necessities through the exploitation and utilization of her natural resources, trade and business opportunities emerged. The availability of natural resources in Canada contributed to both domestic and international business development opportunities. The availability of natural resources in Canada led to the establishment and development of business opportunities hence intensified industrialization. Nearly all emerging and developing economies including Canada depended on the natural resources as the basis for economic growth achievement. Business growth and development in Canada have historically developed through the exploitation of natural resources that were found to be...
This essay approves that United States corporations increased ownership of manufacturing and processing plants in Canada. Foreign direct investment by American firms was concentrated in the resource sector and in particular, the paper mills, and mining companies. The intensive incursion and successive ownership of manufacturing and processing plants in Canada by American led to the emergence of mergers as a new form of business strategy. Merger of multinational firms and local firms also concentrated control and ownership of natural resources in few hands. New economic organizations and re-orientation was evident with entry of larger firms in mainstream business operations. The market shifted from industrial capitalism to corporate capitalism where large multi-organizations began to take charge of business operations in Canada by increasing the size of economic units.
This report makes a conclusion that Canada has been commonly referred to as the storehouse of resources since the past decades. Indeed Canada is endowed with various natural resources such as petroleum, fisheries, forests, and minerals among others and it boasts of a huge territory that is under natural resources. Natural resources have played a significant role in shaping up and development of business and economy of Canada. The export of staples such as pulp and paper, industrial minerals, timber, fur and agricultural products has contributed immensely to the growth of business and trade. It resulted in increased revenue and income, industrial growth and foreign direct investment initiatives. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business Development in Canada Essay Example | Topics and Well Written Essays - 2250 words”, n.d.)
Retrieved from https://studentshare.org/business/1447900-optional
(Business Development in Canada Essay Example | Topics and Well Written Essays - 2250 Words)
https://studentshare.org/business/1447900-optional.
“Business Development in Canada Essay Example | Topics and Well Written Essays - 2250 Words”, n.d. https://studentshare.org/business/1447900-optional.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Business Development in Canada

Expanding a Business from UK in Canada (International Business Law)

...?Executive Summary Definitely-Maybe PLC, a public limited company that produces chocolates and Ultra-educators Software Limited, a software services company that designs educational software are to expand their businesses in Canada through exportation and through the creation of a wholly owned subsidiary, respectively. This report will detail the new jurisdiction, legal, sale, technical and tax aspects of doing business in Canada with the mother companies based in UK. It will show the advantages of using agreements and treaties existing between the two countries. It would also say why the formation of a wholly-owned subsidiary is better to a branch and give the specifics...
8 Pages(2000 words)Essay

Expanding our Business into Canada

...?Running head: Expanding our Business into Canada Expanding our Business into Canada Insert Insert Insert 6 April2011 Business in Canada Canada is one of the largest countries in the world, despite its small population. Located in the north of America (HLB international Canada 2008), Canada is one of the industrialized countries which engages in trade with other countries and therefore among the great seven (G7) group of economic powers. Canada is also a member of the general agreement on tariffs and trade (GATT), thus making the country competitive as it engages in...
6 Pages(1500 words)Research Paper

Shaping the Development of Business in Canada

...?Shaping the Development of Business in Canada Just like in any other business location, Canada adopts all the business strategies and objectives with an aim of maximizing its market dominance, competitive advantage, and more so generate maximum profits from the available factors of production. As such, business in Canada is a major contributor and determining factor of the economy of Canada. Nevertheless, just like in all business fields, business in Canada is subject to a number of factors that determine its impact in the economy. There...
8 Pages(2000 words)Essay

Legal Scenarios

3 Pages(750 words)Case Study

Auto Business in Canada

...leveraged more than $7billion in new investments that will create thousands of jobs and help position Ontario's auto industry for long-term competitiveness. Focus is given on how to build on this success while helping the industry meet the near-term challenges of a major global restructuring and the need for improved environmental sustainability. The federal government is encouraged to develop national initiatives that contribute to the strengthening of our automotive industry. (Rosenfeld, 2009) The place of government in auto business activity in Canada: The liberal Ontario government has developed an industrial strategy to stimulate investment to auto companies in the...
7 Pages(1750 words)Essay

International Business Plan for Medican (Canada)

...International Business Plan for Medican (Canada) Table of Content Table of Content 2 Executive Summary 3 Corporate Profile and Nature of the Business 4 Company Profile 4 Product description 5 Management and Human Resources 6 HR of Medican Canada 6 Structure of foreign offices 8 Target Market and Environmental Scan 9 Country profile 9 Taxation 11 Customers 11 Market Entry and Marketing Strategy 13 General strategy and objectives 13 Place 14 Promotion 14 Implementation of campaign 17 People 17 After-sales...
19 Pages(4750 words)Essay

International Policy statement-development (Canada)

...On the Canada’s International Policy ment Introduction The Canadian International Development Agency (CIDA) is Canada’s federal agency tasked in planning, devising, and executing most of the country’s development cooperation program. The main priorities of CIDA is the reduction and gradual eradication of poverty and contribute to a “more secure, equitable, and prosperous world.” These goals are pursued as CIDA allocates 80% of the aid budget. This budget is used to support programs in 150 different countries worldwide which represent 80% of the global population. CIDA works hand in hand with other developing countries, Canadian organizations, institutions and business, as well as international organization and agencies (Canadian... ...
6 Pages(1500 words)Essay

Business Development

...BUSINESS DEVELOPMENT: SANDWICH SHOP Introduction Setting up a business and developing it as per our expectation is one of the most exciting yet frightening experiences of ones life. It is exciting, because in most cases we are creating something from nothing, especially sole trading entity. Operating a business and developing it further is not some-thing that we can learn overnight. Even with years of experience business people fail; and those who continue to learn new techniques and ideas and learn how to respond to a changing marketplace and changing world will only succeed. The purpose of this...
8 Pages(2000 words)Essay

Canada Geese

.... The diploid number is however restored during fertilization, since the two haploid gametes combine to form one diploid cell which is the embryo in the case of human reproduction. The embryo then undergoes gestation period in the uterus. During this period, the embryo develops into a full formed human being. The Canada geese are monogamous creatures that stay with their partners all their lives. However, the birds can only find a new mate only when its partner dies. They find mates during the second year of their lives. The female lays 2-9 eggs and they both guard them to incubation with the female more time in the nest than the male. Incubation period lasts 24-28 days and immediately the goslings are...
4 Pages(1000 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Business Development in Canada for FREE!

Contact Us